Schedule of Revenue by Major Geographic Area, and by Significant Product and Service Offerings |
Revenue, classified by the major geographic areas in which our customers are located, was as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands) |
2025 |
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2024 |
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2025 |
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2024 |
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United States |
$ |
927,682
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$ |
827,839 |
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$ |
1,691,251
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$ |
1,521,699 |
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Other countries |
71,845
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64,081 |
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130,780
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118,570 |
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Total revenues |
$ |
999,527
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$ |
891,920 |
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$ |
1,822,031
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$ |
1,640,269 |
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Revenue from external customers, classified by significant product and service offerings, was as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands) |
2025 |
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2024 |
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2025 |
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2024 |
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Residential revenues |
$ |
455,665
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$ |
408,414 |
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$ |
811,978
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$ |
737,752 |
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Commercial revenues |
320,490
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287,770 |
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604,847
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545,884 |
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Termite and ancillary revenues |
211,855
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|
186,024 |
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383,985
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338,084 |
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Franchise revenues |
3,908
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4,445 |
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7,678
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8,406 |
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Other revenues |
7,609
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5,267 |
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13,543
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10,143 |
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Total revenues |
$ |
999,527
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$ |
891,920 |
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$ |
1,822,031
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$ |
1,640,269 |
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Schedule of Changes in Unearned Revenue |
Changes in unearned revenue were as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
(in thousands) |
2025 |
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2024 |
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2025 |
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2024 |
Beginning balance |
$ |
233,365
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$ |
222,967 |
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$ |
223,872
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$ |
210,059 |
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Deferral of unearned revenue |
78,975
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74,369 |
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155,481
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149,165 |
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Recognition of unearned revenue |
(68,881) |
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(63,437) |
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(135,894) |
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(125,325) |
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Ending balance |
$ |
243,459
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$ |
233,899 |
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$ |
243,459
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$ |
233,899 |
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